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Nigeria Deposit Insurance Corporation

20 Jun
Nigeria Deposit Insurance Corporation, NDIC, has reiterated that a resilient financial system has the capacity to respond to a range of shocks, stating that the stability recorded in Nigerian banks was due largely to the proactive policies and support of the regulatory authorities.   The Managing Director/Chief Executive, NDIC, Bello Hassan while speaking at the…
8 May
The Nigeria Deposit Insurance Corporation (NDIC) has embarked on stronger collaborative measures and cooperation with other deposit insurance agencies globally to address the challenges facing the insurance industry.
2 May
The African Development Bank (AfDB) has said that it will work with microfinance banks to expand support for micro small and medium enterprises (MSMEs) and deepen financial inclusion in Nigeria through increased uptake of financial technology tools.
11 Apr
The Nigeria Deposit Insurance Corporation (NDIC) said it has developed a Single Customer View (SCV) platform to be deployed to microfinance banks (MFBs) to eliminate delays often experienced in reimbursing depositors
10 Dec 2021
The Nigeria Deposit Insurance Corporation (NDIC) yesterday cautioned bank depositors from falling victim to wonder banks, parading themselves as 'deposit taking' institutions in the country.
3 Dec 2021
The Nigeria Deposit Insurance Corporation (NDIC) has said the emergence of financial technologies (fintech) has brought new challenges
29 Nov 2021
Over 97 per cent of eligible bank deposits are fully covered by the Nigeria Deposit Insurance Corporation (NDIC), the Managing Director of the organisation, Bello Hassan, disclosed at the weekend.
6 Oct 2021
The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, yesterday, disclosed that the Corporation has paid N11.76billion as insured sums to 535, 815 depositors
8 Jul 2021
The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has expressed the readiness of the corporation to partner with the Bureau...
21 Jun 2021
Nigeria Deposit Insurance Corporation (NDIC) has stated that it is effectively collaborating with relevant stakeholders to manage risks arising from the growing adoption of financial technology
11 May 2021
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has stressed the need for collaboration between regulators and operators in the banking system for sound ethics and professionalism in the industry.
8 Nov 2019
Nigeria Deposit Insurance Corporation (NDIC), as a key component of the Nigerian financial safety-net arrangement, has zero tolerance for corruption and all forms of malpractices within the Corporation and in the implementation of its mandate and activities.

Latest

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A high-level meeting of the 36 state governors with President Muhammadu Buhari on Wednesday, primed to draw out some far-reaching and drastic measures to tackle the economic hardship that has afflicted Nigerians under this administration, turned out to be an anti-climax.
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Chairman, Board of Trustees (BoT) of the Peoples Democratic Party (PDP), Senator Walid Jibrin, yesterday, called on members of the party to remain calm and refrain from creating bad blood and confusion over the crisis rocking PDP.
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When Oluwatobiloba Ayomide Amusan draped the country’s flag and mounted the podium for the national anthem after she broke the world record in women’s 100 metres hurdles on her way to winning the gold medal at the recently held World Athletics Championships in Oregon...
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With the adoption of the Fifth-Generation (5G) network set to outpace all previous generations of mobile technology, it is expected to have $7 trillion worth of economic value by 2030.